Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
106 hedge funds and large institutions have $296M invested in Verso Corporation in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 45 reducing their positions, and 28 closing their positions.
82% more call options, than puts
Call options by funds: $875K | Put options by funds: $480K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
49% more capital invested
Capital invested by funds: $199M → $296M (+$96.9M)
14% less funds holding
Funds holding: 123 → 106 (-17)
20% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 45
61% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$4.7M |
| 2 |
Bank of New York Mellon
New York
|
+$2.29M |
| 3 |
Millennium Management
New York
|
+$2.26M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.64M |
| 5 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.39M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.61M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.79M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
-$1.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.27M |
VRS Hedge Fund Activity: Q4 2020 in Review
106 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q4 2020, worth a combined $296M — up 49% from $199M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of VRS and 11 opened new positions — a net loss of 17 holders — while 45 trimmed existing stakes and 36 added.
The largest buyer was Donald Smith & Co, adding an estimated $4.7M. The largest seller was Royce & Associates, cutting an estimated $4.39M.
- 106 institutional investors held Verso Corporation (VRS) as of Q4 2020, down from 123 in Q3 2020.
- Funds reported $296M of Verso Corporation stock for Q4 2020, up 49% quarter-over-quarter.
- 11 funds opened new Verso Corporation positions in Q4 2020 and 28 closed out, a net change of -17 holders.
- The largest Verso Corporation buyer in Q4 2020 was Donald Smith & Co, an estimated $4.7M added.
- The largest Verso Corporation seller in Q4 2020 was Royce & Associates, an estimated $4.39M sold.
Based on aggregated 13F filings for Q4 2020.